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by dt3ft·2y ago·view on hn ↗
When is it going to crash though? Been hearing that for years now. Not sarcasm, genuine question.
2 comments
Miners have to sell massive amounts of bitcoin regularly to pay their electricity bills. So there's a solid floor on the amount of supply. If demand ever goes below this supply floor the price will crash.
The price measured in other currencies fluctuates, of course, mostly in ~4 year waves.